Investing in....California IOUs?

papajohn56

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Jun 16, 2008
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So apparently there's a market for the new State of Cali. IOUs.

California IOUs Sought by Souvenir Hunters, Investors (Update1) - Bloomberg.com

The state will pay interest on them, and they're on the market for 0.85 to the dollar. Get your hands on them while you can, folks.

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